Doubters Bay - Surfs up, page-76

Responding to CB(on a sincere behalf of the Long term holders), Gucci, whose background in numbers and market research are refreshing, and H( representing the Technology commenters, who are deemed "Bent", because they are following the rules of HC, and who, like me, are moderated by HC, when they see fit.

Isn't this pretty simple.

Australia is filled with successful technology investors, a Venture Capital sector, existing Cyber Security companies. Capital is readily available for promising technology companies, more so, that are already publicly traded.

No SPACS needed here.

NET is committed to competing in this robust sector, with a single element technology, VSN, an Obscuring Network Communication Software, with a decent Patent, I never saw the disclosure of the paid for IP Value assessment, touted 18 months ago, this is my opinion, with a new and as yet undisclosed Integration software, developed by an exclusively Chinese Software development firm.

Cyber security software, developed per NET initially by a Chinese firm, importantly, in the new JT video, he states it is now Australian IP, Australian Engineers, initially doing so with Chinese programmers, dimmed the attractiveness of the software element, to Western "Five I" markets like the U.S. and perhaps apparently Australia.

This was in my opinion a decision based on Capital availability and attractive programming costs\price ratios.

This is the same long standing dilemma at IWG\NET, and the core argument for Tim Gooch's ouster in July 2016, that is, Tim's failure to raise capital, and or make sales. Robert Hayden was retained to fill the gap, and wrote a valid and strong white paper

Awareness of this "Hobson's Choice", often plaintively thrown at the Doubters, as justification for our censure, is not unique to Venture oriented Technology firms. Anyone who does not embrace this reality should retire now. Technology is un an unrelenting business, that Five years hence, the company is on the same treadmill.

The company acquired for 10 million, the experience and technology of an Australian company called SSI. I commented on this forum that this was positive, the price was a result of the NET Board approving the valuation. I thought this move would begin sales efforts in Australia. I have not seen much attention to, or comments on, the the SSI related sales for the next 18 months.

The company markets products, integration, and consulting services, to the three most opaque and difficult technology markets on the planet. China, Japan and India.

No currently successful technology "Peer" of NET, is banking on any of these three insular, modern, saturated and corrupt markets to make the Grade. I tried to post a Gartner 2020 market report on the Competitive landscape and projections in this area, Edge Security and the new SDWAN, but it was moderated off.

A lot of capital has been raised by JT since 2016, a lot, that can only be seen as a success.

So NET might consider releasing detailed sales figures, to let it's shareholders know how it is all going, detailing what it is selling, where, and the costs of sales, in granular detail, to determine the potential for profit of the existing technology. Also, maybe adding a little about what the future of it's technology looks like, in the competitive markets, it is participating in.

Of course, this is down ramping, Doubting, unfortunately for those that object to these posts, HC was actually created to foster such exchange, as long as it stays within the realm of acceptable posting.

Demanding learned disclosure, from companies you hold equity in, should not be condemned.